Rising Rice Prices and Efforts for Self-Sufficiency in Nigeria

In a new development in 2023, Nigeria saw a dramatic rise in rice prices, a staple providing 9% of Africa’s calories. Prices jumped 37%, making a 110 lb bag cost $53, turning rice into a luxury and shifting demand to cheaper “afafata.” A 2 million metric tonne supply shortfall from floods, security, and high costs […]

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